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Coin Edition 2025-01-17 06:20:00

Litecoin ETF Approval in Sight as SEC Reviews Nasdaq Filing

Litecoin ETF advances as Nasdaq files 19b-4 form, marking key regulatory milestone. New SEC leadership under Paul Atkins could expedite Litecoin ETF approval process. Robust infrastructure bolsters Canary Litecoin ETF’s chances for 2025 SEC approval. The Canary Litecoin ETF is moving closer to becoming the first altcoin exchange-traded fund (ETF) approved in 2025. Nasdaq has submitted the critical 19b-4 form to the U.S. Securities and Exchange Commission (SEC), a significant step in the regulatory process. This development follows Canary Capital’s amended S-1 filing, signaling readiness to meet the SEC’s stringent requirements. With Litecoin classified as a commodity and a new crypto-supportive SEC chair expected to take charge, the chances of approval appear stronger than ever. Litecoin ETF now has all the boxes checked. The first alt coin ETF of 2025 is about to be on the clock. I don't see any reason why this would be withdrawn either given SEC gave comments on the S-1, litecoin is seen as commodity and there's new SEC sheriff in town. https://t.co/DaE7jxlb9s — Eric Balchunas (@EricBalchunas) January 16, 2025 Regulatory Milestones Strengthen App… The post Litecoin ETF Approval in Sight as SEC Reviews Nasdaq Filing appeared first on Coin Edition .

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